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Home Equity Loan
Make Your Home Equity Work for You
A home equity loan is when homeowners borrow against the equity in their home for things like large purchases, a new car, or even a college education.
Find Out How Much Equity You Have
Your home's equity is one of the key factors to determine how much you can borrow.
So what is your equity? Use this simple calculator to find out.
Home Equity Calculator
- $0K - $5K equity: check back in 12 months
- $6K - $15K: Congratulations on building equity - time to consider a home equity product!
- $16K+: Congratulations! Ask for details on how you can really benefit from a home equity product!
Fixed Rate Home Equity
You can get 80% - 90% of your equity (appraised value minus first mortgage) up to $250,000 with a maximum term of 15 years. Less than 80% equity up to $500,000.
You'll enjoy low rates and a long-term repayment plan to reduce payments.
Interested in a revolving line of credit? Consider a Home Equity Line of Credit.